The main formula behind a balance sheet is: This means that assets ... U.S. Treasuries are one such example. Accounts receivable (AR) consist of the short-term obligations owed to the company ...

Whether the format is up-down or side-by-side ... Under the standard balance sheet equation, assets must equal liabilities plus equity. A company's balance sheet provides important information ...

Data found in the balance sheet, the income statement, and the cash flow statement are used to calculate important financial ratios that provide insight into the company’s financial performance.